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Tokyo Electron annual profit up 17%
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Business Spectator  | May 13, 2008

TOKYO -- Tokyo Electron Ltd, the world's second-largest semiconductor equipment maker, posted a 17 per cent rise in annual profit but forecast profit will halve this year as memory chip makers rein in spending. Tokyo Electron said group operating profit came to ¥168.5 billion ($1.71 billion) in the...
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